Duly Authorized. All action on the part of the Purchaser necessary for the purchase of its Series C Stock and Warrants and the performance of the Purchaser's obligations hereunder has been taken or will be taken prior to the Closing. This Agreement is a legal, valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws and equitable principles relating to or affecting the enforcement of creditors' rights in general and by general principles of equity.
Appears in 3 contracts
Samples: Series C Preferred Stock and Warrant Purchase Agreement (Valuestar Corp), Series C Preferred Stock and Warrant Purchase Agreement (Hull James Mitchell), Series C Preferred Stock and Warrant Purchase Agreement (Hull James Mitchell)
Duly Authorized. All action on the part of the Purchaser necessary for the purchase of its Series C Stock and Warrants Promissory Note and the performance of the Purchaser's obligations hereunder has been taken or will be taken prior to the Closing. This Agreement is a legal, valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws and equitable principles relating to or affecting the enforcement of creditors' rights in general and by general principles of equity.
Appears in 2 contracts
Samples: Bridge Loan and Common Stock Purchase Agreement (Valuestar Corp), Bridge Loan and Common Stock Purchase Agreement (Valuestar Corp)
Duly Authorized. All action on the part of the Purchaser necessary for the purchase of its Series C CC Stock and Warrants and the performance of the Purchaser's obligations hereunder has been taken or will be taken prior to the Closing. This Agreement is a legal, valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws and equitable principles relating to or affecting the enforcement of creditors' rights in general and by general principles of equity.
Appears in 1 contract
Samples: Series Cc Preferred Stock and Warrant Purchase Agreement (Valuestar Corp)
Duly Authorized. All action on the part of the Purchaser necessary for the purchase of its Series C B Stock and Warrants and the performance of the Purchaser's obligations hereunder has been taken or will be taken prior to the Closing. This Agreement is a legal, valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws and equitable principles relating to or affecting the enforcement of creditors' rights in general and by general principles of equity.
Appears in 1 contract
Samples: Series B Preferred Stock Purchase Agreement (Valuestar Corp)
Duly Authorized. All action on the part of the Purchaser necessary for the purchase of its Series C Stock and Warrants Securities and the performance of the Purchaser's obligations hereunder has been taken or will be taken prior to the Closing. This Agreement is a legal, valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws and equitable principles relating to or affecting the enforcement of creditors' rights in general and by general principles of equity.
Appears in 1 contract
Samples: Common Stock and Warrant Purchase Agreement (Ask Jeeves Inc)
Duly Authorized. All action on the part of the Purchaser necessary for the purchase of its Series C A Stock and Warrants and the performance of the Purchaser's obligations hereunder has been taken or will be taken prior to the Closing. This Agreement is a legal, valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws and equitable principles relating to or affecting the enforcement of creditors' rights in general and by general principles of equity.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Valuestar Corp)
